Economic Development in Ward 5

Ward 5 has more economic development projects in the pipeline than any other ward in the city. In Ward 5 alone, 35 projects representing more than $4 billion are either under construction, planed, or proposed. The largest projects in the pipeline are described below (listed in alphabetical order). For more information on these and other development projects in Ward 5 and throughout the city, visit the Washington, DC Economic Partnership website at www.wdcep.com. For the most recent Office of Planning newsletter for Ward 5, go tohttp://planning.dc.gov/planning/frames.asp?doc=/planning/lib/planning/wardnewsletters/ward_5_newsletter.pdf

Arbor Place

Arbor Place is a 17-acre site located at New York Avenue and Bladensburg Road, NE. The project is in the very early design phases, but a major portion of the project will be dedicated to retail and housing, with an emphasis on condominiums or townhouses. The 3.5 million sq. ft. project could contain 3,400 to 3,600 residential units, 200,000 sq. ft. of retail, and over three acres of open space. The first phase (retail & residential) is planned for completion by 2009. The estimated cost of this project is $1.1 billion.

Armed Forces Retirement Home

The Armed Forces Retirement Home plans to lease almost half of its 272-acreNortheast campus at Irving and North Capitol Streets to private developers. There is potential for up to 8.7 million sq. ft. of office, residential, and retail space. Currently, there are three different scenarios, which call for between 1 and 5 million sq. ft. of residential, 80,000 to 300,000 sq. ft. of retail, and possibly a 200,000 sq. ft. hotel, a 1.16 to 3.2 million sq. ft. research/medical facility, and 450,000 sq. ft. for new embassies. The estimated cost of this project has not yet been determined.

Rhode Island StationThis mixed-use development will be constructed on an 8.78-acre site located at the Rhode Island Metro station. The project will include a residential component featuring 274 residential units. The development will also include a three-story, 200-space parking garage (56,500 sq. ft.) and an additional 130 spaces at grade. The 70,000 sq. ft. of retail stores are located along a central access corridor that includes a landscaped boulevard. The estimated cost of this project is $61 million.

ArtSpace at Fort TottenThe Morris and Gwendolyn Cafritz Foundation plans to build about 1,000 affordable apartments near the Fort Totten Metrorail station. The foundation has proposed demolishing the 15-building complex of brick garden-style apartments near South Dakota Avenue and Riggs Road and replacing them with eight new buildings, consisting of one-, two- and three-bedroom apartments and about 52,000 sq. ft. of retail space. A majority of the units will be rented to people earning no more than the area's median income, about $94,000 a year for a family of four. The estimated cost of this project is $325 million.

McMillan Sand Filtration Site

The 25-acre McMillan Sand Filtration site is located at North Capitol Street and Michigan Avenue, NW. Vision McMillan Parnters (VMP) will seek to implement a balance of recreation and open space, cultural, residential and commercial uses in a multi-phased project.The estimated cost of this project has not yet been determined. VMP is led by EYA, a Washington-area developer. Other members of the team include the Alexander Cos., a development firm nationally renowned for historic preservation projects; MacFarlane Partners, one of the largest African-American-owned real estate investors in the country; the Jair Lynch Cos.; StreetSense; Smoot Construction; and Urban Services Systems.

New Town at Capital City Market

New Town at Capital City Market is a 24-acre proposed development located at Florida Avenue and 4th Street, NE. It will include condos and apartments, office and retail, a hotel, YMCA, townhouses, and an amphitheater. The Union Market building and other structures dating to the 1920s will be restored and adapted for retail, with loft residences built on top. The initial plans call for approximately 1,450 residential units, with 20 percent to 40 percent of the units set aside for workforce housing; 448,890 sq. ft. of retail, including a bowling alley and movie theatre; a 570,000 sq. ft. wholesale/distribution facility; 260,000 sq. ft. of office; a 304,700 sq. ft. hotel; a 70,000 sq. ft. YMCA, a 24,600 sq. ft. library and over 2,000 parking spaces. The estimated cost of this project is $1.2 billion.

WashingtonGateway

Washington Gateway is a three-acre site, located at the intersection of New York and Florida Avenues, NE. Conceptual plans call for approximately 150 hotel rooms, 565,000 sq. ft. of office, 250 residential units, retail, and 680 parking spaces. Widened and upgraded sidewalks around the property will become part of a new network of pedestrian connections from Florida Avenue to New York Avenue, and to the New York Avenue Metro Rail Station. The additional major elements of this network will include an upgraded bicycle and pedestrian path from the Metro Rail Station, and a new traffic signal at Florida Avenue to create safe and convenient access to the project. The project also provides upgrades to the Metro Branch Trail along the property, with decorative landscape elements. The estimated cost of this project is $350 million.

Shops at Dakota Crossing

Washington Gateway Retail Center is a planned 412,550 sq. ft. destination retail center to be located on New York Avenue at South Dakota Avenue, NE. Tenants will include Costco (151,700 sq. ft.), Shoppers Food Warehouse (67,500 sq. ft.), Staples and Target (123,735 sq. ft.). The estimated cost of this project is $67 million.